shree cements share price: Shree Cements shares gain 0.97% as Sensex rises

Shares of Ltd. traded 0.97 per cent up at Rs 26811.95 at 10:36AM (IST) on Thursday, even as BSE benchmark Sensex gained 169.39 points to 54695.32. The stock had closed at Rs 26553.7 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 32050.0 and Rs 18214.4, respectively.

As per BSE data, total traded volume on the counter till 10:36AM (IST) stood at 10:36AM shares with turnover at Rs 3.66 crore.

At the current price, shares of the company trades at 37.39 times its trailing 12-month EPS of Rs 716.77 per share and 6.91 times its price-to-book value, BSE data showed.

A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 1.16.


Shareholding Details

Promoters held 62.55 per cent stake in the company as of 30-Jun-2021, while FIIs owned 13.02 per cent and DIIs 10.48 per cent.

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